Sterling EasyFee®

Sterling Easy Fee helps you fund the payment of your children's school fees without hassles. It can be used to pay school fees to both local and offshore institutions. It is available to everyone with a regular monthly income.

Features

  • Maximum tenor of 12 months
  • Competitive pricing
  • 30% equity contribution

Requirements

  • Hand written application letter
  • Duly executed consumer Loan application form
  • Minimum of three (3) months active banking relationship with Sterling Bank
  • Customer's Debt Service Coverage Ratio (DSCR) should not exceed 33.33% (i.e. loan installment divided by income)
  • Up-front payment of equity contribution, up-front fees and insurance premium

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